evenfolioETF Details
Nicholas Wealth Management·Derivative Income·FIAX · NYSE Arca
Nicholas Fixed Income Alternative ETF (FIAX)
- Price
- $17.27
- —30 Oct 2026
- Assets
- $122.6M
- Total net assets
- Expense ratio
- 0.97%
- Category 1.43%
- Yield
- 6.64%
- Trailing distributions
- 1Y return
- 3.7%-3.6%
- Category 7.3%
- 3Y CAGR
- 4.2%-10.9%
- Category 15.1%
- 5Y CAGR
- —
- Category 9.6%
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Nicholas Fixed Income Alternative ETF
Calendar-year returns
Fund only: no comparison series covers this fund's history.
Risk statistics
Five years of daily closes. Risk-free rate 4% a year.
- Standard deviation
- —
- Maximum drawdown
- —
- Sharpe ratio
- —
- Sortino ratio
- —
- Beta
- —
- Alpha
- —
- R²
- —
- Information ratio
- —
- Upside capture
- —
- Downside capture
- —
- Tracking error
- —
| Period | 1M | 3M | 6M | YTD | 1Y | 3YCAGR | 5YCAGR | 10YCAGR | LaunchCAGR |
|---|---|---|---|---|---|---|---|---|---|
| ETF | +2.2% | +0.8% | +1.6% | +2.8% | +3.7% | +4.2% | — | — | +3.3% |
| Derivative Income average | -2.5% | 3.4% | 3.2% | 6.3% | 7.3% | 15.1% | 9.6% | — | 5.5% |
| Difference | +4.7% | -2.5% | -1.7% | -3.5% | -3.6% | -10.9% | — | — | -2.2% |
Holdings
Allocation as last published by the fund.
Sector allocation
Share of the equity the fund holds.
- Technology38.7%
- Financial services12.1%
- Communication services9.5%
- Consumer discretionary9.3%
- Health care9.3%
- Industrials7.8%
- Consumer staples4.5%
- Energy3.5%
- Utilities2.0%
- Real estate1.8%
- Materials1.7%
Asset mix
- Bonds72.8%
- Cash24.7%
- Other2.2%
- Stocks0.3%
Credit quality
Share of the bonds by rating.
- US government72.8%
ETF details
- Issuer
- Nicholas Wealth Management
- Category
- Alternatives · Derivative Income
- Ticker
- FIAX
- Exchange
- NYSE Arca
- Inception
- 29 Nov 2022 (3.9 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 0.97% (category 1.43%)
- Holdings turnover
- 262% (category 251%)
- Distribution yield
- 6.64%
- Beta, 3 years
- 0.39
- Total net assets
- $122.6M
- Average duration
- 3.90 years
- Average maturity
- 9.70 years
Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
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